Its net profit rose 20% on the year to RON7.26 million in the first six months of 2013.
Agricover Credit has attracted 300 new clients since the beginning of the year.
Agricover said in June it borrowed EUR15 million from Black Sea Trade and Development Bank to support its lending arm Agricover Credit IFN and expand its business.
Founded in 2008, Agricover Credit IFN is aimed exclusively at agriculture financing. Its farm loan portfolio amounted to RON413 million in 2012, up 38% on the year. (EUR1=RON4.3907)